Stories for balance day adjustments

Beschreibung

Accounting
clodagh.mccullou
Karteikarten von clodagh.mccullou, aktualisiert more than 1 year ago
clodagh.mccullou
Erstellt von clodagh.mccullou vor mehr als 12 Jahre
16
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Zusammenfassung der Ressource

Frage Antworten
Story for Accounts Receivable (paper) Dr Accounts Receivable $115 Cr Sales/Fees $100 Cr GST $15
Story for Accounts Payable (paper) Dr expense/asset $600 Dr GST $90 Cr Accounts Payable $690
Accrued Income (income that you are still owed) Dr Accrued Income $700 Cr Income ( name the income) $700
Prepayments (expenses you have paid in advance) Dr Prepayments $500 Cr Expenses ( name the expense) $500
Depreciation (value you have lost of an asset over the year) Dr Depreciation on asset $1000 Cr Accumulated Depreciation on asset $1000
Income in Advance (income you have received before you do the job) Dr Income/Fees $400 Cr Income in Advance $400
Accrued Expense (expenses that you still owe) Dr Expense (name the expense) $800 Cr Accrued expense $800
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